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Re: Bailout fever- student loans
If the feds spend all their money bailing out deadbeat college students, where are they going to get the money for important things like helping Bear-Sterns and other investment banks? Show some responsibility people.
"Taxpayers will fork over $7 billion by 2012 to pay for the rate cuts." That's ridiculous. We can fight the war in Iraq for nearly 10 days on that kind of money.
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Nate Peele www.Thatsrightnate.com "Finally a journalist is not scared to question the truth"--TJ Baker Holm |
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Re: Bailout fever- student loans
Quote:
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http://www.fairtax.org Elminate all taxes on income and replace with a national sales tax. |
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Re: Bailout fever- student loans
The numbers I saw showed $720,000,000 per day, but I'm glad to know the war isn't nearly as expensive as I thought.
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Nate Peele www.Thatsrightnate.com "Finally a journalist is not scared to question the truth"--TJ Baker Holm |
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Re: Bailout fever- student loans
Through 09-30-08 war costs are $11.66B/month ($700B). This doesn't include the current request for supplementary funding, VA expenditures or interest service on the deficit spending used for funding:
http://www.fas.org/sgp/crs/natsec/RL33110.pdf Of that total 74% is Iraq war expense, $8.63B/mo. The congressional report is derived from DoD accounting, which is identified as being as sloppy as it gets, so the exact breakdown specifics will probably never be known. |
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Re: Bailout fever- student loans
It depends on which numbers you choose.
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http://www.fairtax.org Elminate all taxes on income and replace with a national sales tax. |
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Re: Bailout fever- student loans
Still even if it's only 10 days that sounds like a lot better use for the money than educating a bunch of snot nosed teens who wouldn't know a work ethic if it bit them on the butt.
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Nate Peele www.Thatsrightnate.com "Finally a journalist is not scared to question the truth"--TJ Baker Holm |
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Re: Bailout fever- student loans
Im sure youll get some argument on that, but the point it correct. The govt shouldnt be bailing out the loan companies. Let them fail.
__________________
http://www.fairtax.org Elminate all taxes on income and replace with a national sales tax. |
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